The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Performance Energy Resources LLC retained EnergyNet to sell operated working interests plus more than 51,000 net leasehold acres in Osage County, Okla., in a sealed-bid offering.
Property Highlights:
- Operated WI in 112 leases:
- 50.00% WI to 100.00% WI / 39.0625% to 83.3333% NRI
- 361 Producing Wells | 88 Saltwater Disposal Wells
- 52 Return to Production Wells | 684 PUDs
- 6-Month Average Net Income: $210,879/month
- 6-Month Average 8/8ths Production: 497 bbl/d of oil and 1,617 Mcf/d
- 550 Net boe/d
- 51,107.05 Net Leasehold Acres
- Active Development: 7 wells permitted, 2 wells currently drilled and cased, completion pending sale timing
Bids are due 4 p.m. CDT June 29 and can be submitted to Ethan House, vice president of business development for EnergyNet, at Ethan.House@energynet.com. For complete due diligence information visit energynet.com or contact Denna Arias at 281-949-8463 or Denna.Arias@energynet.com.
Recommended Reading
Air Liquide Eyes More Investments as Backlog Grows to $4.8B
2024-02-22 - Air Liquide reported a net profit of €3.08 billion ($US3.33 billion) for 2023, up more than 11% compared to 2022.
Thanks to New Technologies Group, CNX Records 16th Consecutive Quarter of FCF
2024-01-26 - Despite exiting Adams Fork Project, CNX Resources expects 2024 to yield even greater cash flow.
Bobby Tudor on Capital Access and Oil, Gas Participation in the Energy Transition
2024-04-05 - Bobby Tudor, the founder and CEO of Artemis Energy Partners, says while public companies are generating cash, private equity firms in the upstream business are facing more difficulties raising new funds, in this Hart Energy Exclusive interview.
Shell’s CEO Sawan Says Confidence in US LNG is Slipping
2024-02-05 - Issues related to Venture Global LNG’s contract commitments and U.S. President Joe Biden’s recent decision to pause approvals of new U.S. liquefaction plants have raised questions about the reliability of the American LNG sector, according to Shell CEO Wael Sawan.
Baker Hughes Declares Increased Quarterly Dividend
2024-02-02 - Baker Hughes’ dividend represents a 5% growth rate, or $0.01, over the previous quarter’s dividend.